Logistics Automation Global Market to Reach $94 Billion by 2026 with a 14% CAGR
Saturday, December 3, 2022
DUBLIN, Dec. 1, 2022 /PRNewswire/ -- The "Logistics Automation Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The global logistics automation market is expected to grow from $47.23 billion in 2021 to $55.69 billion in 2022 at a compound annual growth rate (CAGR) of 17.9%. The logistics automation market is expected to grow to $94.02 billion in 2026 at a CAGR of 14%
The main types of components in logistics automation are hardware, software, and services. The hardware market in logistic automation is used to describe any of the physical components of an analog or digital computer. Computer hardware also includes the physical parts of a computer, such as a case, central processing unit (CPU), monitor, mouse, keyboard, and computer data storage. The various functions include warehouse and storage management and transportation management, which are used in various organization sizes such as small-medium-sized organizations and large-scale organizations. These are used by several end users, including retail and e-commerce, automotive, food and beverage, logistics and transportation, and others.
North America was the largest region in the logistics automation market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the logistics automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The growth of the e-commerce industry is expected to propel the growth of the logistics automation market going forward. Ecommerce refers to the buying and selling of goods and services with the help of the Internet. Logistics automation is used by the e-commerce industry to maintain its stock in warehouses and distribution centers. This helps in the easy handling of goods between different departments in the company. For instance, in February 2022, according to Forbes, a US-based business magazine, during the time of the pandemic, e-commerce sales grew by 50%, and the business of eCommerce during this time stood at $870 billion. Also, in 2020, in the U.S, there will be a 14.2% increase in e-commerce. Therefore, the growth of the e-commerce industry is driving the growth of the logistic automation market.
Technological innovations have emerged as the key trend gaining popularity in the logistics automation market. Major companies operating in the logistics automation market are introducing technological innovations to reinforce their position in the market. For instance, in March 2020, Dematic, a US-based company that manufactures logistics automation and materials handling systems, launched the latest generation of warehouse automation solutions called Multishuttle (DMS) 2 E. This system helps to control all logistics processes in the warehouse, as well as order picking and dispatch. The DMS-2E significantly increases speed, storage density, and accuracy and shows the availability of stock in warehouses and distribution centers.
In March 2020, Kion Group, a China-based company that manufactures materials handling equipment, acquired Digital Applications International Limited (DAI) for a deal amount of $133 million. This acquisition helps Kion Group to extend its software portfolio and systems engineering capabilities to meet future challenges and deliver advanced intralogistics globally. Digital Applications International is a UK-based company that provides automated warehousing systems.
Scope
Markets Covered:
1) By Component: Hardware; Software; Services
2) By Function: Warehouse and Storage Management; Transportation Management
3) By Organization Size: Small-Medium Size Organizations; Large Scale Organization
4) By End-User: Retail and E-Commerce; Automotive; Food and Beverage; Logistics and Transportation; Other End Users
Key Topics Covered:
1. Executive Summary
2. Logistics Automation Market Characteristics
3. Logistics Automation Market Trends And Strategies
4. Impact Of COVID-19 On Logistics Automation
5. Logistics Automation Market Size And Growth
6. Logistics Automation Market Segmentation
7. Logistics Automation Market Regional And Country Analysis
8. Asia-Pacific Logistics Automation Market
9. China Logistics Automation Market
10. India Logistics Automation Market
11. Japan Logistics Automation Market
12. Australia Logistics Automation Market
13. Indonesia Logistics Automation Market
14. South Korea Logistics Automation Market
15. Western Europe Logistics Automation Market
16. UK Logistics Automation Market
17. Germany Logistics Automation Market
18. France Logistics Automation Market
19. Eastern Europe Logistics Automation Market
20. Russia Logistics Automation Market
21. North America Logistics Automation Market
22. USA Logistics Automation Market
23. South America Logistics Automation Market
24. Brazil Logistics Automation Market
25. Middle East Logistics Automation Market
26. Africa Logistics Automation Market
27. Logistics Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Logistics Automation Market
29. Logistics Automation Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
-- WiseTech Global Limited
-- Kion Group AG
-- VITRONIC
-- Jungheinrich AG
-- Murata Manufacturing Co. Ltd.
-- Swisslog Holding AG
-- TGW Logistics Group
-- Mecalux S.A.
-- Beumer Group
-- SSI Schaefer AG
-- Oracle
-- Falcon Autotech Private Limited
-- Hinditron Group Of Companies
-- JBT Corporation
-- Toshiba Logistics
-- One Network Enterprises
-- System Logistics SpA
-- Matternet Inc.
-- Toshiba Logistic
-- SI Systems
For more information about this report visit https://www.researchandmarkets.com/r/jw1nlt
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/logistics-automation-global-market-to-reach-94-billion-by-2026-with-a-14-cagr-301691274.html
SOURCE Research and Markets
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
TESSAN to Redefine Global Mobility at CES 2026 with '100 Travelers' Initiative and Flagship Voyager 205 | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
1inch Named Exclusive Swap Provider at Launch for Ledger Multisig | Jan 22, 2026
|
|
|
